U.S. rig count swells

Weekly U.S. offshore rig count, as well as the overall U.S. rig count rose when compared to the previous week, the Baker Hughes weekly rig count report reveals. The report was issued Thursday, July 2, due to the US Independence Day holiday on July 3.

BHI Rig Count: U.S. +3 to 862 rigs

U.S. Rig Count is up 3 rigs from last week to 862, with oil rigs up 12 to 640, gas rigs down 9 to 219, and miscellaneous rigs unchanged at 3.

U.S. Rig Count is down 1012 rigs from last year at 1874, with oil rigs down 922, gas rigs down 92, and miscellaneous rigs up 2.
The U.S. Offshore rig count is 29, up 1 rig from last week, and down 25 rigs year over year.
BHI Rig Count: Canada +4 to 139 rigs

Canadian Rig Count is up 4 rigs from last week to 139 rigs, with oil rigs down 4 to 72, and gas rigs up 8 to 67.

Canadian Rig Count is down 170 rigs from last year at 309, with oil rigs down 118, and gas rigs down 52.